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Osoul sees KWD 3 thousand profit for 9 months till 30/09/2010

OSOUL OSOUL 0.21% 96.70 0.20

Kuwait Stock Exchange (KSE) announces that Osoul Investment Co. has obtained on Thursday, 04/11/2010 the approval of the Central Bank of Kuwait (CBK) on its interim financial statements for the periods that ended on 30/09/2010 as follows:

1) Current periods:

Item

3 months till 30/09/10

9 months till 30/09/10

Profit (KWD)

471,816

3,174

EPS (fils)

1.36

0.01

Total current assets

-

8,692,287

Total assets

-

25,512,316

Total current liabilities

-

2,681,882

Total liabilities

-

6,194,185

Total shareholders’ equity

-

19,318,131


Total revenue and expenses of dealings with related parties reached KWD 15.171 and KWD 1,204,370 respectively.

2) Comparative periods:

Item

3 months till 30/09/09

9 months till 30/09/09

Profit (Loss) (KWD)

(1,115,742)

(2,211,392)

EPS (LPS) (fils)

(3.21)

(6,36)

Total current assets

-

17,566,034

Total assets

-

29,759,577

Total current liabilities

-

3,457,440

Total liabilities

-

8,599,026

Total shareholders’ equity

-

21,054,385



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